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Loyal Metals Ltd (ASX:LLM)

ALERT: Price-sensitive ASX Announcement for LLM
Current share price for LLM : $0.435 0.135 (45%)+
Announcement
Release
24 Feb 2026 9:03AM
Price at Release
$0.300
Full Release
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Summary
Loyal Metals Ltd has conducted exploration activities at the Highway-Reward copper-gold system, revealing significant mineralization and geological features. The exploration, located within the Mount Leyshon Corridor in Queensland, Australia, involves a detailed analysis of the structural and host stratigraphy, highlighting the presence of extensive copper-gold deposits. The project area, characterized by a broad, northeast-trending shear zone known as the Policeman Creek Shear Zone, includes multiple mining leases managed under agreements with Thalanga Copper Mines Pty Ltd. Recent geophysical surveys, including gravity and 3D modeling, have been employed to better understand the subsurface mineral potential, suggesting further potential at depth beyond existing drilling extents.
Key Points
  • Loyal Metals Ltd acquired Highway Copper Gold Pty Ltd for exploration rights.
  • The mineralization includes significant copper-gold deposits within the Trooper Creek Formation.
  • Geophysical surveys such as gravity and 3D modeling suggest deeper mineral potential.
  • Multiple mining leases are in place with ongoing renewal processes.
  • The project is supported by historical and recent geophysical data.
  • Structural exploration focuses on the Mount Leyshon Corridor's shear zone.
  • The Policeman Creek Shear Zone is a major geological feature in the project area.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.